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tiny-mole [99]
2 years ago
12

A bank offers two different investment options.

Mathematics
1 answer:
Xelga [282]2 years ago
6 0

The function that can be used to represent option 1 is an exponential function.

The function that can be used to represent option 2 is a linear function.

<h3>Linear functions</h3>

A linear function is a function that has a single variable raised to the power of 1. Linear functions are usually in the form x + 10.

Option 2 expressed as a linear function is b x 0.06 x 1

Where b represents the amount of money deposited.

<h3>Exponential functions</h3>

An exponential function is usually in this form: y = a^{x}.Option 1 expressed as an exponential function is p(1.036)^y

Where:

  • p = principal
  • y = number of years

To learn more about compound interest, please check: brainly.com/question/18760477

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